The European Bank for Reconstruction and Development (EBRD) has launched a $30-million Green Economy Financing Facility (GEFF) in Kazakhstan to support gender inclusive green finance for households and small private sector companies investing in green technology solutions. A microfinance organization, KMF, signed up as the first local partner financial institution with a credit line of…
Damage caused to the state by corruption amounted to 13.6 billion soms in 2018-2019 and eight months of 2020, The President of Kyrgyzstan, Sooronbai Jeenbekov, announced at a meeting of the Security Council. According to him, 5,827 billion soms have been returned to the state. “This, of course, is not enough, another half out of…
As part of Ida-Viru County’s plans for transition to a sustainable economy, Estonia’s state-owned energy group Eesti Energia is seeking to build a methanol production complex in the county with an estimated cost of EUR 280 million. In an overview of Eesti Energia’s development projects sent to Minister of Public Administration Jaak Aab (Center), Minister…
Secretary of Ukraine’s National Security and Defense Council (NSDC) Oleksiy Danilov and China’s Ambassador to Ukraine Fan Xianrong have discussed the further development of Ukrainian-Chinese cooperation in the political, economic and security spheres, noting that the trade between the two countries in 2019 amounted to $12.8 billion, the NSDC’s press service has reported. The parties…
Since the beginning of the coronavirus pandemic, about 300,000 people have been employed in Ukraine, testifying to progress in the implementation of a program to create half a million jobs. “Since the beginning of the pandemic, about 300,000 people have been employed through employment centers in agriculture, processing industry and trade sector. This can be…
More than 56% of the population made an online purchase in the last three months and spending has increased. More than half of companies, which use the Internet, are using paid-for cloud services. Newly released data from Statistics Estonia showed that 56.5% of the population aged 16-74 used e-commerce in the last three months. Compared…
A new train connection between Vilnius and Warsaw will start operating next year, the Lithuanian rail operator has announced. The countries’ state rail companies, Lietuvos Gelezinkeliai (LTG) and Polskie Koleje Panstwowe (PKP), agreed to roll out a passenger service in the second quarter of 2021 and also begin joint freight operations. The journey between Vilnius…